Challenges of Human Capital Management in Organization (A Review)
1BABALOLA ADESOLA OLUREMI AND 2KOLO JOSHUA
1Department of Business Administration & Management, Federal Polytechnic, Bida
2Department of Office Technology & Management, Federal Polytechnic, Bida
E-mail: dessybjay@yahoo.com
ABSTRACT
Management is the process of designing an environment in which individuals working together in groups efficiently accomplishes selected goals. The most valuable capital is human capital and the most powerful technology is people. Human Capital Management is that functional management process which involves attracting, developing and maintaining a talented and energetic workforce to support organizational mission, objectives and strategies. The methodology used by researchers of this paper was a theoretical approach through a descriptive studies and analysis. The researchers used secondary sources of data collection. It was discovered that HR do confront challenges of workforce diversity, globalization and technological advances in the discharge of their responsibilities. Hence recommended effective cross-cultural training of HR practitioners and flexibility of human resource strategies.